Typing Practice 2 min

The thoughts of management presented till the end of 19th century is known as thoughts of classical theory. Main promoters of thoughts of classical theory are Frederick Taylor, Max Webber, Gilbreath, Henry Gantt and Henry Fayol.Scientific Management principles presented by Frederick Taylor also exist into the thoughts of classical theory of management even today. Approach of Scientific Management favors scientific principles by time and motion. study instead of traditional methods. Main contribution of scientific principle lies into specialization in Management, progressive wages system, responsibility and scientific distribution of task. Contribution of Henry Fayol in thoughts of classical theory is also significant. He significantly contributes to thoughts of management by presenting general principles of management.He decided levels of different tasks in business unit and tried to decide limits of tasks.To perform managerial duty at different levels, he also provided universal princip of management as guidelines.Apart from this, there is a contribution of Max Webber into thoughts of Classical theory. Till the end of 19th century, formats and size started to change due to industrial revolution. As a result, need for changes in it aroused due to some limitations of thoughts of classical theory like importance to financial motivation, less important to human approach and informal relations.